📢 Cryptocurrency Market Update – June 2, 2025

Today, the chairman of the Federal Reserve, Jerome Powell, announced the maintenance of interest rates between 4.25% and 4.50%, signaling a cautious stance amid economic uncertainties. He highlighted that, although inflation is decreasing, it still remains above the target of 2% per year. Additionally, Powell mentioned that tariff rates could contribute to an increase in inflation rates in the coming periods.

In the cryptocurrency market, the reaction was positive:

• Bitcoin (BTC): US$ 104.481 (-0.22%)

• Ethereum (ETH): US$ 2.551.97 (+1.53%)

• BNB (BNB): US$ 660.82 (+1.13%)

• XRP (XRP): US$ 2.17 (+0.46%)

• Cardano (ADA): US$ 0.6769 (-0.04%)

The maintenance of rates and Powell's balanced tone were well received by investors, who see the possibility of future cuts as a stimulus for higher-risk assets, such as cryptocurrencies.

🔍 And you, Binancer?

How do you interpret the Fed's decision?

Do you believe we are entering a new appreciation cycle for the crypto market?

Share your opinion in the comments! 👇

#Bitcoin #Ethereum #BNB #XRP #Cardano #FederalReserve #Cryptocurrencies #FinancialMarket #BinanceSquare